The Impact and Reach of the New Bribery Bill

07:00, 24th September 2009 - There is a new corporate bribery offence on the horizon: what can businesses expect and what action must they take? The need for UK businesses to adopt and implement anti-corruption measures in their day to day business dealings is more pressing than ever before. A new set of bribery offences in the draft Bribery Bill will make it easier to prosecute individuals and companies. In May and June, a Joint Committee comprising members of both Houses of Parliament scrutinised the Bill and heard evidence from a wide range of interested parties on the substance and workability of the new offences.   The Committee's comprehensive report published in July endorsed the aims of the Bill, especially the new corporate offence of negligently failing to prevent bribery. The Ministry of Justice must now decide how to take the Bill forward but has stated that it is determined to provide a new, modern and comprehensive scheme of bribery offences for England and Wales before the next General Election. The speakers will be discussing why the new bribery offences are required, the issues which arose during the scrutiny period and the potential implications for UK businesses and their domestic and overseas operations. This event is strictly by invitation only. To enable as open a debate as possible, this event will be held under the Chatham House Rule. For more information please contact Emily Blott.

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